AYAL Capital Advisors Ltd Increases Stock Holdings in Enviri Co. (NYSE:NVRI)

AYAL Capital Advisors Ltd lifted its position in shares of Enviri Co. (NYSE:NVRI - Free Report) by 145.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 881,924 shares of the company's stock after purchasing an additional 521,924 shares during the period. Enviri comprises 1.8% of AYAL Capital Advisors Ltd's investment portfolio, making the stock its 11th largest holding. AYAL Capital Advisors Ltd owned approximately 1.10% of Enviri worth $6,791,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northern Trust Corp boosted its stake in shares of Enviri by 6.3% in the 4th quarter. Northern Trust Corp now owns 846,407 shares of the company's stock valued at $6,517,000 after purchasing an additional 50,041 shares during the last quarter. Aquatic Capital Management LLC bought a new stake in Enviri during the fourth quarter valued at $101,000. Nebula Research & Development LLC acquired a new stake in Enviri during the 4th quarter worth about $93,000. Mill Road Capital Management LLC raised its position in shares of Enviri by 82.6% in the 4th quarter. Mill Road Capital Management LLC now owns 1,795,131 shares of the company's stock worth $13,823,000 after acquiring an additional 811,859 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Enviri by 8.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 124,870 shares of the company's stock valued at $962,000 after purchasing an additional 9,821 shares during the period. Institutional investors and hedge funds own 93.43% of the company's stock.

Insider Buying and Selling

In other news, SVP Russell C. Hochman purchased 40,127 shares of the business's stock in a transaction dated Friday, March 14th. The stock was bought at an average price of $6.27 per share, for a total transaction of $251,596.29. Following the purchase, the senior vice president now owns 120,357 shares of the company's stock, valued at $754,638.39. The trade was a 50.01 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Tom George Vadaketh acquired 40,297 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average price of $6.20 per share, for a total transaction of $249,841.40. Following the completion of the purchase, the chief financial officer now directly owns 132,431 shares in the company, valued at $821,072.20. This trade represents a 43.74 % increase in their position. The disclosure for this purchase can be found here. 2.50% of the stock is owned by corporate insiders.

Enviri Trading Up 2.1 %

NYSE NVRI traded up $0.15 during trading hours on Thursday, hitting $7.25. 561,588 shares of the company's stock were exchanged, compared to its average volume of 703,593. Enviri Co. has a 1-year low of $4.72 and a 1-year high of $12.79. The company has a current ratio of 1.25, a quick ratio of 0.99 and a debt-to-equity ratio of 3.14. The stock has a 50-day simple moving average of $6.30 and a 200 day simple moving average of $7.52. The firm has a market cap of $581.54 million, a price-to-earnings ratio of -4.56 and a beta of 1.79.

Enviri (NYSE:NVRI - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported ($0.18) EPS for the quarter, beating analysts' consensus estimates of ($0.21) by $0.03. Enviri had a negative net margin of 5.46% and a negative return on equity of 0.90%. The business had revenue of $548.28 million during the quarter, compared to analyst estimates of $560.00 million. During the same quarter in the previous year, the business posted ($0.03) EPS. Enviri's quarterly revenue was down 8.7% on a year-over-year basis. On average, equities analysts forecast that Enviri Co. will post -0.13 EPS for the current fiscal year.

Enviri Company Profile

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.